This document discusses 5G networks and the path towards their standardization and deployment. It provides an overview of the global mobile market and data traffic growth driving 5G. Key expectations for 5G networks include speeds 1000x faster than 4G, lower latency, increased device connectivity, and new use cases. Spectrum availability is a challenge, with sub-1 GHz, 1-6 GHz, and above 6 GHz bands being considered. Standardization organizations are working towards a 2020 target for 5G standards, with trials beginning in 2018. Widespread 5G deployment is expected around 2020 once commercial products are available.